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what is john boehner's plan. i don't know what he's asking us for. >> yeah, i didn't realize what exactly he was saying. i talked to three or four different people about it, and i heard three or four different interpretations. the republicans in congress, the leaders, boehner is very nervous about whether he's going to maintain his speakership. mitch mcconnell is very nervous about how the senate is going to react to the new situation on capitol hill. it's going to take some time for this to play out. it's just going--it's not going to happen quickly. and if people think--people watching the news, eliot might be thinking that republicans suddenly are going to release that they have to change their stripes, and they have to be different--no, no, no. they're not going to realize that suddenly at all. >> eliot: this was not an epiphany moment for the republican party. you said something interesting. that john boehner may be worried about his speakership. who would challenge him and how likely would it be that they c
what is john boehner's plan. i don't know what he's asking us for. >> yeah, i didn't realize what exactly he was saying. i talked to three or four different people about it, and i heard three or four different interpretations. the republicans in congress, the leaders, boehner is very nervous about whether he's going to maintain his speakership. mitch mcconnell is very nervous about how the senate is going to react to the new situation on capitol hill. it's going to take some time for this...
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. >> you saw house speaker, john boehner, there and he called the taxes a job killer. >> hurtful consequences of the fiscal clip come from increasing tax rates. ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country. >> you would think there was a huge gam here, but what the budget report says is extending the bush era tax for everyone, what the republicans want, would create 8.1 million jobs, and increasing taxes on people making $250,000 a year would lower taxes for everyone else, but boost the gdp by 3% and create 6 million jobs. and the president said that's a 1 point difference, but conservatives say that that translates into a lot of jobs, and it's a big deal. we'll come back to you. >> all right, take a look outside and it looks nice right now, but it's wild weather around the bay area. rain and wind and even snow in the area overnight. looking at the hail that came down in the east bay, france, lightning knocked out power to an entire neighborhood. and amy has more. >> we're at 24th and fountain perfect a lot of people were woken up in the middle of th
. >> you saw house speaker, john boehner, there and he called the taxes a job killer. >> hurtful consequences of the fiscal clip come from increasing tax rates. ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country. >> you would think there was a huge gam here, but what the budget report says is extending the bush era tax for everyone, what the republicans want, would create 8.1 million jobs, and increasing taxes on people making $250,000 a...
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tonight diane sawyer has an interview with john boehner. katie marzullo, abc7 news. >>> >> traffic and weather together next. >>> live look outside from the embarcadero looking at the bay, a lot of clouds, clear skies not going to last long that system mike has been warning us about is here how rain will affect your neighborhood forecast when we come back. sue will check in with your commute. >>> east bay highway shuts down overnight the work by caltrans to make [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making begin too bad the guys aren't here we're clear. ok, swarm! swarm! hello [ female announcer ] pillsbury chocolate chip cookies. let the making begin >> welcome back. this area of low pressure coming towards us and going to create showers for us, 40s, 50s showers north bay during the morning midday through the heart of the bay a
tonight diane sawyer has an interview with john boehner. katie marzullo, abc7 news. >>> >> traffic and weather together next. >>> live look outside from the embarcadero looking at the bay, a lot of clouds, clear skies not going to last long that system mike has been warning us about is here how rain will affect your neighborhood forecast when we come back. sue will check in with your commute. >>> east bay highway shuts down overnight the work by caltrans to make...
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Nov 8, 2012
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-- house speaker john boehner seems to be offering the first olive branch. >> reporter: they brought some defeat for republicans and they need to keep it inside the house and now he is tolling do -- willing to do a little more deal making with president barack obama. house speaker john boehner suggested for the first time a framework to avoid massive spending cuts and tax increases which kick in, in less than two months if congress does not act. >> they are willing to accept some additional revenues via tax reform. >> they have insisted they are willing to okay some tax increases on wealthier americans to avoid the fiscal cliff, and now the president is having his first presidential briefing at the white house this morning and there is some speculation today he could hold a news conference today. reporting live, allison burns, ktvu channel 2 morning news. >>> sad story, a student oakland has died in a fatal atv crash. he apparently hit a tree near corvallis. he was visiting friends and he went out riding yesterday at 4:00 an. the investigation is continuing as to whether alcohol may
-- house speaker john boehner seems to be offering the first olive branch. >> reporter: they brought some defeat for republicans and they need to keep it inside the house and now he is tolling do -- willing to do a little more deal making with president barack obama. house speaker john boehner suggested for the first time a framework to avoid massive spending cuts and tax increases which kick in, in less than two months if congress does not act. >> they are willing to accept some...
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Nov 8, 2012
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mitt romney didn't make any public appearances today but jon but-off -- but speaker of the house john boehner congratulated the president while offering to work with president obama. >> if there is a mandate it is for us to find a way to work together on the solutions to the challenges we face as a nation. >> john boehner addressed the budget cuts to the pentagon and some programs that will begin next year. both republicans and democrats have said they will try to avoid those so-called fiscal cliff budget cuts at all costs. >>> the day after the election wall street took a beating. [ bell ] >> the white house is staying blue but stocks were in the red. the dow is down 312 to 12,932. its 81st worst day of the year. take a look. the dow lost 313 points today. the day after president obama was elected in 2008 it dropped 486 points. the market always doesn't move down following presidential elections. when bill clinton was reelected it rose 96 points. >>> voters approved a sales tax increase to fund county programs. it would raise $50 million each year for programs like the medical center and pub
mitt romney didn't make any public appearances today but jon but-off -- but speaker of the house john boehner congratulated the president while offering to work with president obama. >> if there is a mandate it is for us to find a way to work together on the solutions to the challenges we face as a nation. >> john boehner addressed the budget cuts to the pentagon and some programs that will begin next year. both republicans and democrats have said they will try to avoid those...
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Nov 8, 2012
11/12
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at least for now, he and john boehner are talking about a new spirit of cooperation in washington. >> we're not as divided as our politics suggested. we're not as cynical as the pundits believe. we're greater than the thumb of our individual ambation. >> reporter: today speaker boehner started open negotiations with the president. >> we're willing to accept new revenue under the right conditions. it matters where it comes from and what type of reform comes with it. if there's a mandate in yesterday's results it's a mandate for us to figure out a way to work together. >> reporter: now there's a new idea thrown out by the house speaker. he's saying why don't we delay the fiscal cliff all together for a year and in the meantime congress can work on reforming taxes and social security. >> the dow plunged 312 points today, its worst day in the year. a lot of talk is that wall street is worried a second term president obama will want tougher regulations. cbs money watch points out two hours before the opening bell the president of the european central bank admitted the euro zone crisis is n
at least for now, he and john boehner are talking about a new spirit of cooperation in washington. >> we're not as divided as our politics suggested. we're not as cynical as the pundits believe. we're greater than the thumb of our individual ambation. >> reporter: today speaker boehner started open negotiations with the president. >> we're willing to accept new revenue under the right conditions. it matters where it comes from and what type of reform comes with it. if there's...
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Nov 9, 2012
11/12
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is open to creating new revenue. >> boehner's position is exactly where it was a year ago, two years ago, four years ago. don't raise taxes, have pro economic growth and government will get more revenue. >> reporter: boehner also speaks today. >> what we have to watch for is whether the speaker and the president are on entirely different planets. >> reporter: but a fiscal truce won't calm wall street. >> it will create uncertainty going forward until everything is determined in the new congress. >> reporter: thursday the congressional budget office predicted if congress doesn't act, unemployment could hit 9.1% next year. tracie potts, nbc news, washington. >>> as tracie mentioned, that fiscal cliff could end up trigger a rise in unemployment. for a more in-depth look at the possible recession that could be causing, we turn to jackie deangeles live at cnbc headquarters. good morning, jackie. >> reporter: good morning, jon. ratings agency standard & poor's says that it sees a 15% chance the u.s. will go over the fiscal cliff next year. however, the agency is saying paul so makers are l
is open to creating new revenue. >> boehner's position is exactly where it was a year ago, two years ago, four years ago. don't raise taxes, have pro economic growth and government will get more revenue. >> reporter: boehner also speaks today. >> what we have to watch for is whether the speaker and the president are on entirely different planets. >> reporter: but a fiscal truce won't calm wall street. >> it will create uncertainty going forward until everything is...
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Nov 12, 2012
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>> reporter: republican leader john boehner said when he was talking about being open to new revenue, he was not talking about new tax increases. the president sits down with democrats and republican leaders here on capitol hill on friday. back to you. >> tracie potts in washington. thank you. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey are without electricity as they struggle to rebuild. a 77-year-old man has died from injuries from a fall brunging the city's death toll to 43. homeland security secretary janet nah pop politan know has reaffirmed her commitment to be with those for the duration. now for a look at the weather here is nbc meteorologist bill karins with the weather channel forecast. give me good news. >> that's depends where you are in the west. >> i want sunshine. >> go south. the northwest isn't pretty. rain and snow in many areas of washington state and oregon state. look at the radar. the green shows you where the rain is. the whi
>> reporter: republican leader john boehner said when he was talking about being open to new revenue, he was not talking about new tax increases. the president sits down with democrats and republican leaders here on capitol hill on friday. back to you. >> tracie potts in washington. thank you. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey...
SFGTV2: San Francisco Government Television
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Nov 9, 2012
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the response time from what today is averaging around 25 minutes to get rescue equipment out into the boehner by --- bay nearby to something under five minutes. that is lifesaving. this is representative of every time i have come out to the airport. whether it is a new international terminal that, under the leadership of john martin, was done, the new terminal two, the new traffic control towers about to be constructed, to a facility that is an extremely important collaboration, not only with the fire department, but also in strong collaboration with our cost card. this is essential -- with our coast guard. this is essential. this is why we have the infrastructure commitment that i have been talking about ever since i started working for the city. i have had the pleasure of working with john. his expertise and his team out here, retired as well as current, have made a strong commitment to make sure we have the modern facilities to take care of us. guess what? on the eve of america's cup, there is renewed use of our waterways for recreation, but also increase ferry services going on because of
the response time from what today is averaging around 25 minutes to get rescue equipment out into the boehner by --- bay nearby to something under five minutes. that is lifesaving. this is representative of every time i have come out to the airport. whether it is a new international terminal that, under the leadership of john martin, was done, the new terminal two, the new traffic control towers about to be constructed, to a facility that is an extremely important collaboration, not only with...
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Nov 9, 2012
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last night house speaker john boehner insisted he's optimistic about an agreement telling abc's diane sawyer he is, quote, the most reasonable responsible person in washington but he's also not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about -- >> i made clear yesterday that raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. >> at issue here, a perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it down for you. >> reporter: the campaign was tough. victory is sweet. now comes the hard part. >> on january 21st, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases. >> reporter: so what exactly is the fiscal cliff? it's a nightmare combination of tax hikes and spending cuts that congress and the president agreed to to force themselves into a compromise, but so far they haven't agreed on anything. so barring a last-minute fix at the stroke of midnight on new year's e
last night house speaker john boehner insisted he's optimistic about an agreement telling abc's diane sawyer he is, quote, the most reasonable responsible person in washington but he's also not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about -- >> i made clear yesterday that raising tax rates is unacceptable. and, frankly, it couldn't even pass the house....
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Nov 10, 2012
11/12
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john boehner called on the president to lead. >> this is his moment to engage the congress and work towards a solution that can pass both chambers. >> reporter: for the first time there looks to be signs of cooperation. a willingness to negotiate to find a solution. >> i'm not weighted to every detail of my plan. i'm open to compromise. i'm open to new ideas. >> reporter: the president invited congressional leaders of both parties to begin working on a plan. any balanced plan to reduce the deficit must ask the wealthiest of americans to pay more. in washington, jacqueline fell, ktvu, channel 2 news. >> a week ago a lot of people probably didn't know about the fiscal cliff. since the election it seems there are reports about it everywhere. rob roth tells us that seems to be creating a ground swell for action. you talked to a congresswoman about that this today. >> reporter: right. we're standing on 3rd avenue made up of mostly mom and pop shops just like main street usa. folks here say they not only are hoping political leaders avoid the so-called fiscal cliff, they're expecting them to find
john boehner called on the president to lead. >> this is his moment to engage the congress and work towards a solution that can pass both chambers. >> reporter: for the first time there looks to be signs of cooperation. a willingness to negotiate to find a solution. >> i'm not weighted to every detail of my plan. i'm open to compromise. i'm open to new ideas. >> reporter: the president invited congressional leaders of both parties to begin working on a plan. any balanced...
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Nov 8, 2012
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boehner is going to do. later on in the show, california's prop 30 passes to raise taxes on the wealthy. really? do they never learn that this will only backfire? former san francisco mayor willie brown is up next. i just want to know why we have to kill the california economy. because free market capitalism is always the best path to prosperity. i'm larry kudlow. we'll be right back. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishar
boehner is going to do. later on in the show, california's prop 30 passes to raise taxes on the wealthy. really? do they never learn that this will only backfire? former san francisco mayor willie brown is up next. i just want to know why we have to kill the california economy. because free market capitalism is always the best path to prosperity. i'm larry kudlow. we'll be right back. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a...
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that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term. what is more likely is a short-term compromise and revisit broader tax reform, sometime down the line. they are trying to get out in front of what they see is inevitable. they want to avoid the tax rate that. they see is punitive. and so they are trying to get ahead of that. being open and signaling publicly, celebrateing they're open to additional revenues they come without increases in rates. i don't know if it will end up in a compromise but they will incyst on seeing more from the white house. >> the first back and forth, though, promising? >> it is. each side could have held ground and gone to negotiations without having concedeed anything. boehner has been speaking about revenues and obama has implying he could drop the rates issue to make it revenue
that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term. what is more likely is a short-term compromise and revisit broader tax reform, sometime down the line. they are trying to get out in front of what they see is inevitable. they want to avoid the tax...
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you have a group whether it's mcconnell actually much more explicit than boehner in the senate, or boehner saying we can play around with the tax code to increase revenues but not increase rates. those are pretty unkwif cal lines. the realm of agreement between medicare, defense, et cetera is a widely shared realm. that line in the sand -- when you think from wall street and a business perspective seems far too bright given somebody has to pull back from the brink. >> you're saying that their sides are to distinct -- >> on this one issue. they drew a clear line about an issue is revenue inconsequenceal. you don't get to this by raising taxes on the wealthy. we have made this an issue. >> the president made it an issue. >> in our exit polling where he has the aagreement of people. not necessarily popular because most people would like to see no one's taxes go up but 46% or about said they want it or would be in agreement with meem who make over 250,000. >> the polls aren't important -- what's important is he won a huge election. does that give him a mandate to do everything he ever said? of
you have a group whether it's mcconnell actually much more explicit than boehner in the senate, or boehner saying we can play around with the tax code to increase revenues but not increase rates. those are pretty unkwif cal lines. the realm of agreement between medicare, defense, et cetera is a widely shared realm. that line in the sand -- when you think from wall street and a business perspective seems far too bright given somebody has to pull back from the brink. >> you're saying that...
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Nov 16, 2012
11/12
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john boehner said he outlined a framework that is consistent with the president's call for a balanced approach of both higher revenue and spending cuts. >> our challenge is to make sure that you know we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business. >> while we are going to continue to have revenue on the table it is incumbent for my colleagues to show the american people we are serious about cutting spending and solving our fiscal dilemma, i believe we can do this and avert the fiscal cliff that is right in front of us today. >> the president began the meeting on a chordal note, wishing speaker boehner, shaking his hand, a happy birthday. >>> an oil rig exploded in the gulf of mexico 25 southeast of grand isle, louisiana. two crew members are missing and four injured. the fire that followed the explosion has been extinguished. the rigbylongs to black elk energy, an independent oil and gas company headquartered in houston. >>> a texas rail crossing where a train hit a parade float y
john boehner said he outlined a framework that is consistent with the president's call for a balanced approach of both higher revenue and spending cuts. >> our challenge is to make sure that you know we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business. >> while we are going to continue to have revenue on the table it is incumbent for my colleagues to show the american people we are...
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Nov 9, 2012
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. >> boehner's position is where it was a year ago, two years ago, four years ago. don't raise taxes, have pro economic growth policies and the government will get more revenue. not from higher taxes, but from more people working. >> in an associated press exit poll tuesday, vote irs agreed with both parties, half saying tax the rich more, and half saying, shrink government. >>> meanwhile, another down day for wall street. stocks fell over increasing concerns over lawmaker's ability to solve the fiscal cliff. the dow was down 121 points and ended the day at 12811. this follows yesterday's drop of 300 points. >>> closer to home, voters passed prop 30. many students aren't exactly celebrated. more than 100 students rallied on campus this afternoon. they're glad the passage of prop 30 will keep tuition from rising for now. it won't stop regions from voting to raise fees for next school year. they're worried the money generated by the measure won't be used for education. >> we want to make sure the money does go to uc and public education, not to prisons and not to uc e
. >> boehner's position is where it was a year ago, two years ago, four years ago. don't raise taxes, have pro economic growth policies and the government will get more revenue. not from higher taxes, but from more people working. >> in an associated press exit poll tuesday, vote irs agreed with both parties, half saying tax the rich more, and half saying, shrink government. >>> meanwhile, another down day for wall street. stocks fell over increasing concerns over...
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Nov 9, 2012
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. >> you saw house speaker, john boehner, there and he called the taxes a job killer. >> hurtful consequences of the fiscal clip come from increasing tax rates. ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country. >> you would think there was a huge gam here, but what the budget report says is extending the bush era tax for everyone, what the republicans want, would create 8.1 million jobs, and increasing taxes on people making $250,000 a year would lower taxes for everyone else, but boost the gdp by 3% and create 6 million jobs. and the president said that's a 1 point difference, but conservatives say that that translates into a lot of jobs, and it's a big deal. we'll come back to you. >> all right, take a look outside and it looks nice right now, but it's wild weather around the bay area. rain and wind and even snow in the area overnight. looking at the hail that came down in the east bay, france, lightning knocked out power to an entire neighborhood. and amy has more. >> we're at 24th and fountain perfect a lot of people were woken up in the middle of th
. >> you saw house speaker, john boehner, there and he called the taxes a job killer. >> hurtful consequences of the fiscal clip come from increasing tax rates. ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country. >> you would think there was a huge gam here, but what the budget report says is extending the bush era tax for everyone, what the republicans want, would create 8.1 million jobs, and increasing taxes on people making $250,000 a...
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Nov 11, 2012
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CNN
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i think one of the difficulties is speaker boehner is in a tough spot. he's got about a third of his caucus that ran as tea party candidates or tea party supported and part of their agenda was no compromise. you're finding out that you can't govern that way and so he's got to figure out a way to bring them along as he deals with the president on the other side. but i think it can be done. there is good faith and goodwill that make it possible even when there is strong disagreement. >> so then as it pertains to boehner, do you feel like he is receiving greater pressure from the caucuses, as you just described, or greater pressure from the electorate? because in boehner's message on friday, he did say, quote, the american people re-elected a republican majority but at the same time, i guess you can't have it both ways because we are looking at electorate, a popular vote who wanted the president to be here, they want the two sides to work together? >> i think the election problem helps him in terms of his caucus, that is to say, it's a pretty sobering reali
i think one of the difficulties is speaker boehner is in a tough spot. he's got about a third of his caucus that ran as tea party candidates or tea party supported and part of their agenda was no compromise. you're finding out that you can't govern that way and so he's got to figure out a way to bring them along as he deals with the president on the other side. but i think it can be done. there is good faith and goodwill that make it possible even when there is strong disagreement. >> so...
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the way health care should have played out that makes boehner's job easier. >> speaker of the house's conversation coming up in about an hour from now on abc world news. the first indepth interview since tuesday's election. >> thank you. >> in addition to promising to work with house and senate members the president reaching outç=tc to reassure foreign leaders of his continuing cooperation. swerls leaders of germany and other countries was also announced today the president will take a historic trip to cambodia and myanmar. >> the pentagon says an iranian military plane fired upon, but did not hit a u.s. drone aircraft in whatrrá1 officials say was international air space. theñ$er pentagon says waits goig 60 miles off the ire yawnin coast when hit. the u.s. told iran it will continue to conduct flights in international air space. >> big honor for billy deen thanks to success of his a's. >> what a stunning view from our east bay hills camera. we i'll have the accu-weather forecast coming up. >> not quite as gorgus of a site. this is with our emeryville camera, you can see it's slow
the way health care should have played out that makes boehner's job easier. >> speaker of the house's conversation coming up in about an hour from now on abc world news. the first indepth interview since tuesday's election. >> thank you. >> in addition to promising to work with house and senate members the president reaching outç=tc to reassure foreign leaders of his continuing cooperation. swerls leaders of germany and other countries was also announced today the president...
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Nov 9, 2012
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>> i think boehner is in a tough spot. he gets that but he has a caucus that doesn't want to pass any tax increase. i think he's also a smart enough politician to know that it looks real bad after a while to say, i'm not going to extend it for middle income people because i'm just holding out for the rich. and, you know, boehner is a lot of things but one of the things he is is basically a smart politician. i think he knows that's a bad position but he's got a caucus that's not going to make it easy for him. >> and krystal, you have people saying don't deal with him. paul krugman is saying, let's not make a deal. but at some point, he, being boehner, it's hard to sell that we're not going to give a tax cut to the middle class unless the rich gets it, too? isn't he running up against a political clock here? >> yes, it's a very tough position. voters went to the polls and said they don't buy that position and as e.j. pointed out, the president has tons of leverage here because if nothing happens, all of the bush tax cuts exp
>> i think boehner is in a tough spot. he gets that but he has a caucus that doesn't want to pass any tax increase. i think he's also a smart enough politician to know that it looks real bad after a while to say, i'm not going to extend it for middle income people because i'm just holding out for the rich. and, you know, boehner is a lot of things but one of the things he is is basically a smart politician. i think he knows that's a bad position but he's got a caucus that's not going to...
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Nov 12, 2012
11/12
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WBAL
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boehner and the president were close to a deal last year. the so called grand bargain, $4 trillion in debt reduction including politically sensitive changes to social security and medicare. many think that blueprint still works. >> and the real problem is uncontrolled entitlement spending and the government that has grown massively, not just under this administration, under republican administration. >> reporter: experts warn of serious damage to the economy if the standoff drags on. >> if three or four weeks from now they're making no progress at all, you're going to see the anxiety and the nervousness growing both in the markets and in corporate boardrooms. it's going to be a rough two months for the u.s. economy. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey are without electricity as they struggle to rebuild. a 77-year-old man has died of injuries from a fall as sandy hit new york, bringing the city's d
boehner and the president were close to a deal last year. the so called grand bargain, $4 trillion in debt reduction including politically sensitive changes to social security and medicare. many think that blueprint still works. >> and the real problem is uncontrolled entitlement spending and the government that has grown massively, not just under this administration, under republican administration. >> reporter: experts warn of serious damage to the economy if the standoff drags...
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. >> reporter: house speaker john boehner indicated a new willingness to work with the president. >> we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunction and do the right thing together for our country. >> reporter: but can the speaker make deals with the white house and still satisfy tea party republicans. >> i'm not sure i see that changing over the next few years. >> reporter: usf political analyst, david latterman says republicans are at a cross roads. either continue to stone call -- >> or do they get the message that a lot of people don't want that, and there is room for compromise, and they do come to some accommodation on a couple things. >> reporter: diana feinstein says there's hope. >> we have to find some ways to use that word, which some are disdainful of berks you which i see in an enormously confident sense, and that word is compromise. >> this isn't something that i'm going drawing lining in the sand. he's not going to draw any lines in the sand, i don't believe. >> reporter: compromise may be
. >> reporter: house speaker john boehner indicated a new willingness to work with the president. >> we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunction and do the right thing together for our country. >> reporter: but can the speaker make deals with the white house and still satisfy tea party republicans. >> i'm not sure i see that changing over the next few years. >> reporter: usf...
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boehner talk about not raising rates. so is there some sort of compromise in t difference between the term rates and revenues? >> i done think will is any question. and actually there's a lot of commonality on that issue in the senate. the fact is that folks in the upper income bracket lick me, we ought to eliminate loopholes and those kinds of things that are you really spending in another name. so we can generate more revenues from the upper income by eliminating those tax expenditures which really, again, is just spending in another name. and i think-- bses you can give us an example of how -- >> ere are all kind of expenditures there is a home mortgage deduction. charitable contribution, the health care exclusion. and the best way to keep from getting into a political argument over which one is just to cap the amount that people in upper income brackets can take of any of those. let them choose which they want to take. but there's been a lot of discussion in the senate over this. and i think a lot of people have come
boehner talk about not raising rates. so is there some sort of compromise in t difference between the term rates and revenues? >> i done think will is any question. and actually there's a lot of commonality on that issue in the senate. the fact is that folks in the upper income bracket lick me, we ought to eliminate loopholes and those kinds of things that are you really spending in another name. so we can generate more revenues from the upper income by eliminating those tax expenditures...
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. >> reporter: house speaker john boehner indicated a new willingness to work with the president. >> we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunction and do the right thing together for our country. >> reporter: but can the speaker make deals with the white house and still satisfy tea party republicans. >> i'm not sure i see that changing over the next few years. >> reporter: usf political analyst, david latterman says republicans are at a cross roads. either continue to stone call -- >> or do they get the message that a lot of people don't want that, and there is room for compromise, and they do come to some accommodation on a couple things. >> reporter: diana feinstein says there's hope. >> we have to find some ways to use that word, which some are disdainful of berks you which i see in an enormously confident sense, and that word is compromise. >> this isn't something that i'm going drawing lining in the sand. he's not going to draw any lines in the sand, i don't believe. >> reporter: compromise may be
. >> reporter: house speaker john boehner indicated a new willingness to work with the president. >> we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunction and do the right thing together for our country. >> reporter: but can the speaker make deals with the white house and still satisfy tea party republicans. >> i'm not sure i see that changing over the next few years. >> reporter: usf...
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. >> speaker boehner told republican members they would have to avoid fights. according to the "new york times" they seemed to listen but it doesn't change the basic disagreement that could push the country off the fiscal cliff the 1st of january. that is when tax cuts expire the average family will pay an extra $3700 a year. and severe cuts in defense spending will be triggered. sticking point, taxes. the president won on letting tax cuts for the rich expire. leading republican said, no. if it sounds like the argument we already heard, you are right. democrats appear emboldened. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next year. >> the two sides have four more days to lay out their markers. on friday they come to the white house to start negotiations. >> ama: weather, it's been nice out but just chilly. >> i think the clouds that are sitting off the coast will help to warm us up. let's take a live look from vollmer peak cam looking down to the bay bridge. y
. >> speaker boehner told republican members they would have to avoid fights. according to the "new york times" they seemed to listen but it doesn't change the basic disagreement that could push the country off the fiscal cliff the 1st of january. that is when tax cuts expire the average family will pay an extra $3700 a year. and severe cuts in defense spending will be triggered. sticking point, taxes. the president won on letting tax cuts for the rich expire. leading republican...
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boehner said everything needs to be on the table. also said this is a time for the president to lead. ironically if the president does a good job leading on this issue could put a lot of pressure on congressional republicans to break those pledges they have made to never raise taxes. in the newsroom, abc 7 news. >>> around the country thousands of veterans send sunday like last year. wait to go see if the department of veterans affairs will grant their disability claims. tonight the center for investigative reporting finds that many of those veterans will be unfairly denied their benefits all because of error made by the va. >> i knew it. i knew i was supposed i knew i was to get my claim approved. i knew it. >>reporter: in 2008 the department of veterans affairs denied jose round tree consistability claim for ptsd what you get shot before you can get ptsd. there's more than one way of getting wounde wounded. i was mentally wounded. >>reporter: he was on navy destroyer in 1983 that engaged in battle off the coast of beruit. but the v
boehner said everything needs to be on the table. also said this is a time for the president to lead. ironically if the president does a good job leading on this issue could put a lot of pressure on congressional republicans to break those pledges they have made to never raise taxes. in the newsroom, abc 7 news. >>> around the country thousands of veterans send sunday like last year. wait to go see if the department of veterans affairs will grant their disability claims. tonight the...
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. >> reporter: house speaker john boehner reiterating his plan. the speaker saying he's unwilling to raise taxes but is open to new revenue by eliminating some tax deductions and loopholes. >> by lowering rates and cleaning up the tax code we know we're going to get more economic growth. it'll bring jobs back to america. it'll bring more revenue. >> reporter: with their starting points for negotiations defined both parties agree a deal must be reached or the economy will fall back into recession. >> i was encouraged to hear speaker boehner agree that tax and revenue is a priority. >> reporter: in washington, nicole collins fox news. >>> more details on that so called fiscal cliff. without action bush era tax cuts would end. including the child tax credit and earned income tax credit. billions of the dollars in automatic spending cuts would kick in including money for education, food inspections and air travel safety. >>> the dow industrials closed up four points the nasdaq gained nine. but for the week, both of those indexes ended more than 2% low
. >> reporter: house speaker john boehner reiterating his plan. the speaker saying he's unwilling to raise taxes but is open to new revenue by eliminating some tax deductions and loopholes. >> by lowering rates and cleaning up the tax code we know we're going to get more economic growth. it'll bring jobs back to america. it'll bring more revenue. >> reporter: with their starting points for negotiations defined both parties agree a deal must be reached or the economy will fall...
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boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the anxiety and the nervousness growing in the markets and the corporate board rooms. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey are without electricity, as they struggle to rebuild. a 77-year-old man has died of injuries from a fall, as sandy hit new york, bringing the city's death toll to 43. >>> homeland security janet napolitano met with disaster victims in new york. >>> and now, for a look at the national weather, we turn to bill karins
boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the...
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. >> reporter: while john boehner agreed ballparks ises in, he said -- bipartisan cooperation is necessary, he said the president's plan is wrong >> we are not going to hurt our economy. >>> that cia sex scandal highlights the insecurities of e-mail. but there are more ways than ever to hide sensitive documents and erase your footsteps. len ramirez shows us how. >> this tape will self-destruct in 5 seconds. >> reporter: there has always been a need to protect sensitive information. whether it's a corporation dealing with trade secrets or a senator trying to hide an adulterous affair. our information more vulnerable than ever. >> the biggest concern is the security of the information in the cloud. >> reporter: the cloud based in san jose has been doubling in size the last two years by creating software that encrypts e-mail to make it unreadable to any outsider. >> if you're not going through our gateway, all you'd see is gibberish. >> reporter: it's designed as a business security system. >> consumer data. >> reporter: but there's an emerging market for consumer products. remember that self
. >> reporter: while john boehner agreed ballparks ises in, he said -- bipartisan cooperation is necessary, he said the president's plan is wrong >> we are not going to hurt our economy. >>> that cia sex scandal highlights the insecurities of e-mail. but there are more ways than ever to hide sensitive documents and erase your footsteps. len ramirez shows us how. >> this tape will self-destruct in 5 seconds. >> reporter: there has always been a need to protect...
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. >>> john boehner has scheduled a news conference this morning. his will begin at 8:00 and is expected to outline the republican position on avoiding the fiscal cliff. he says he is the most reasonable guy in washington and believes he can find common ground with the president. >> i'm really proud. [cheering and applause] >> president obama got a little emotional wiping away tears as he thanked his campaign staff and volunteers at the chicago headquarters the day after winning the election, the president's campaign released this video. >>> 7 navy sales accused of leaking classified information are in hot water. military officials say the seal has provided secret information to the makers of one of the hottest video games, the punishment handed down and the local connection to the story coming up at 4:45. >>> drivers will have to stay patient going through what many call the worst interchange, the 280/880 interchange, they will add another the route into valley fair from 880 and there will be a flyover ramp, the $62 million project should be finish
. >>> john boehner has scheduled a news conference this morning. his will begin at 8:00 and is expected to outline the republican position on avoiding the fiscal cliff. he says he is the most reasonable guy in washington and believes he can find common ground with the president. >> i'm really proud. [cheering and applause] >> president obama got a little emotional wiping away tears as he thanked his campaign staff and volunteers at the chicago headquarters the day after...
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well, today, the speaker of the house john boehner said everything, including increased revenue needs to be on the table and said it's time for the president to lee.d. >> thank you. wall street weighed in on what the president had to say today. stock prices on the rice after'z consumers sentiment reported at a more than five-year high. here is what happened after television. the dow finished with a gain of just four points. this is what the line looked like. they were just lining up to get boxes for thanksgiving and christmas and put their name on the list for christmas toys. >> this is really scary to see people braving elements just for that opportunity. >> we're crowded and money is tight. so this won't be a very good holiday season. >> they plan to sign up 4,000 families. the agency making a plea for don yaigs to meet demands. >> a former america's cup sailing team was devastated by the -- and lift spirits. here is the story. >> looks like a hot sauce bottle but it's supposed to be a plane. >> should go farther than a couple feet. i used to build model planes.. >> that is not stop
well, today, the speaker of the house john boehner said everything, including increased revenue needs to be on the table and said it's time for the president to lee.d. >> thank you. wall street weighed in on what the president had to say today. stock prices on the rice after'z consumers sentiment reported at a more than five-year high. here is what happened after television. the dow finished with a gain of just four points. this is what the line looked like. they were just lining up to...
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and john boehner will hold his own news conference. that begins at 8:00. he's expected to lay out the republican position on avoiding this fiscal cliff. boehner says he is the most reasonable guy in washington and he believes he can find common ground with the president. >>> they're still counting votes from tuesday's election but mitt romney's top campaign official is saying president obama will win florida. president obama leads mitt romney in florida, 49.9% to 49.3%. the romney campaigns says it expects the president's lead to get bilgier as more of the votes are counted. president obama was reelected without florida's 29 electoral college votes. >>> back over to sal who's checking in on the south bay right now. >> that's right and in the southeast bay we've had rain and just some drizzle and we can see it on this picture i'm going to show you, 237 is a little bit wet there and as rosemary had said a cell moved through and you could give yourself extra time. one of the biggest things that gets people in trouble is stopping distance, you're driving along
and john boehner will hold his own news conference. that begins at 8:00. he's expected to lay out the republican position on avoiding this fiscal cliff. boehner says he is the most reasonable guy in washington and he believes he can find common ground with the president. >>> they're still counting votes from tuesday's election but mitt romney's top campaign official is saying president obama will win florida. president obama leads mitt romney in florida, 49.9% to 49.3%. the romney...
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i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we hear
i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration....
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boehner prefers to wait until newly elected congress is elected. reid calling on congress to get the work done immediately. >> you can see from this map of the electoral vote everything from florida has been called and with florida's 29 votes it won't make much of a difference either way because if we have it to go, let's say blue for the president. woe be up to 332 votes so just widen his lead. and if we make it red, and give it to mitt romney he is still 235. mr. obama retaining the presidency. want to show you more things now. how people voted closer to home. we're going to show you a map and take a look here. so going into mode, mode here. the state of california. state of california? we can do this another way, perhaps. if the technology will work. oh, not yet. one more try at this you are hoorks. now, we're -- take my word for it. most of the bay area went for mr. obama. there was one county in southern california if i can get this to shrink here, boy show it to you. san bernardino county, i promise this is going to work. okay? right here...
boehner prefers to wait until newly elected congress is elected. reid calling on congress to get the work done immediately. >> you can see from this map of the electoral vote everything from florida has been called and with florida's 29 votes it won't make much of a difference either way because if we have it to go, let's say blue for the president. woe be up to 332 votes so just widen his lead. and if we make it red, and give it to mitt romney he is still 235. mr. obama retaining the...
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>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept him from getting there, but i see a different kind of resolve and obviously, martin, for the interests of the country we hope that they don't lead us off this cliff that, as you point out, is artificially created by them, and so there's -- i think there's great hope that we can get this accomplished and set up the framework for the next session. >> okay. well, i want to play something for you of that encapsulates the outlook of some republicans. listen to this. >> i mean, it's a proven political strategy, which is give a bunch of money from the government to a
>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept...
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there's less fear this morning thanks to speaker boehner. democrats want tax breaks for the rich to expire as a way to pay down the debt, republicans don't. they would like tax breaks to expire for everybody or nobody. but this morning boehner said he'd be ready to talk about certain loopholes which may cause the rich to pay more. >> it will be an interesting year. >> even had a purple tie on which might be a blending of the red and the blue. >> really? >> we'll take any thing. >>> 6:18 today. they call it black friday, which is supposed to be a good thing. but this year it's going to come earlier for walmart shoppers. >> they are opening its doors even before shoppers have polished off those turkey dinners. walmart also promising shoppers in line at a certain time in thanksgiving three hot meals for the holidays. holiday promotions will start at 8:00 on thursday night, that's two hours earlier than last year. it keeps creeping back. retailers have been experimenting in recent years with black friday specials, start to creep into thag. it's
there's less fear this morning thanks to speaker boehner. democrats want tax breaks for the rich to expire as a way to pay down the debt, republicans don't. they would like tax breaks to expire for everybody or nobody. but this morning boehner said he'd be ready to talk about certain loopholes which may cause the rich to pay more. >> it will be an interesting year. >> even had a purple tie on which might be a blending of the red and the blue. >> really? >> we'll take any...